Marketplace fees, (burnt), governance token, buy names, wearables, land, art, many other cases are being explored.
3/ Founders create wealth for themselves and the community by increasing the utility of #MANA throughout #Decentraland and implementing burn mechanisms to increase the value of the token.
More the utility and lower the supply, higher the value proposition and potential price.
4/
2,805,886,393 MANA supply at ICO,
Previous burns as follows,
161M MANA($30M USD at the time), burnt during first Land Auction, (Dec 2017).
109M MANA($6.6M USD at the time) burnt during second Land Auction, (Dec 2018).
333M MANA burnt by team.
5/
100 MANA burnt for every Avatar name claim, (19,548 names have been claimed = 1,954,800 MANA Burnt).
2.5% burn fee for Secondary Market Tx's, (Land, Names, Wearables).
?% MANA burnt for clothe sales minted by Decentraland, (During early events - continuation unknown).
6/ Hints that #MANA will be burnt to claim a license to mint wearables,
DCL DAO owns 222M MANA and will release 22M MANA/year for next 10 years to Fund #Decentraland content creators & comps.
(~$2M USD/year at time of writing)
7/ Current total Supply according to the MANA contract,
2,195,727,965
A LOT of virtual land to build on and will take an army of dedicated, passionate and often well funded community to build engaging/valuable experiences on.